Cause IQ organization profile

Selco Community Credit Union

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Selco Community Credit Union is a credit union based in Springfield, OR that was founded in 1936. As of 2019 they had $76 million in revenue and $1.6 billion in assets.They are a child organization of State Chartered Credit Unions in Oregon.

SELCO Community Credit Union is consumer cooperative that was established in 1936 when local school teachers and school employees pooled their funds together in a shoe box to offer each other loans in times of need.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Selco Community Credit Union

The Credit Union paid over $5.4 million in dividends to members. Deposit accounts include savings, checking, money market accounts and certificates of deposit. As of december 31, 2018, deposits totaled $1.42 billion.

During 2018, the Credit Union provided financial planning services to approximately 3,700 members with assets under management of $337 million.

The Credit Union disbursed over $488 million in new loans to members. Loans include auto, home mortgage, home equity, Credit card, and business loans. At december 31, 2018, loans outstanding totaled $1.36 billion.

Form 990s for Selco Community Credit Union

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 17, 2020990OView PDF
2017-12Feb 21, 2019990View PDF
2016-12Nov 16, 2017990OView PDF
2015-12Jan 24, 2017990OView PDF
2014-12Oct 7, 2015990OView PDF
...and seven more Form 990 PDFs

Financials for Selco Community Credit Union

Total grants, contributions, etc.$0
Program services$63,508,797
Investment income and dividends$4,234,769
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$15,769
Net gain from sale of non-inventory assets$-1,829,559
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$10,380,087
Total revenues$76,309,863

Vendors for Selco Community Credit Union

VendorServicesAmount paidDate
Moss Adams LLPTax accounting; Audit accounting2020-01-17
███████ ████████ ████████Printing Stationary$2,5322020-01-17
████████ ██████████ ███████████ ███Construction$11,6882020-01-17
███ ███████ ██████████Advertising$17,2272020-01-17
███████ █████████ ███████Insurance2019-12-31
█████████████ ██████ █████Investment management; Claims processing, Contract Administrator, Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (general)$200,3352019-12-31
█████ ██████ ████Insurance agent or broker$16,1092019-12-31
█████████Fundraising software2019-10-21
...and four more vendors

Personnel at Selco Community Credit Union

NameTitleCompensationMost recent data
J Robert NewcombChief Executive Officer and Secretary and Director$1.9 millionDec. 31, 2018
Tiffany WashingtonSenior Vice President of Finance$311,688Jan. 17, 2020
████ ██████████Vice President Information Systems and Technology$266,777Dec. 31, 2018
██████ ████████Vice President Administration and General Counsel$285,206Dec. 31, 2018
████ ██████Vice President Commercial and Business Banking$197,572Dec. 31, 2018
██████ █ █████Past Vice President Investment and Retirement Services$240,553Dec. 31, 2018
█████ █████████Senior Mortgage Loan Officer$187,985Dec. 31, 2017
█████ ███████Vice Chair$2,175Dec. 31, 2018
███ ██████Chair$0Dec. 31, 2018
...and one more key personnel

Peer credit unions

1Oregon Community Credit Union (OCCU)501(c)(14)$93 millionEugene, OR
2Maps Credit Union501(c)(14)$45 millionSalem, OR
3Northwest Community Credit Union (NWCU)501(c)(14)$67 millionEugene, OR
4OnPoint Community Credit Union501(c)(14)$237 millionPortland, OR
5Rivermark Community Credit Union501(c)(14)$54 millionBeaverton, OR
6Advantis Credit Union501(c)(14)$67 millionClackamas, OR
7First Community Credit Union501(c)(14)$44 millionCoquille, OR
8Unitus Community Credit Union501(c)(14)$57 millionPortland, OR
9Oregon State Credit Union501(c)(14)$59 millionCorvallis, OR
10Corporate America Family Credit Union501(c)(14)$34 millionElgin, IL
11Dupage Credit Union501(c)(14)$20 millionNaperville, IL
12Interra Credit Union501(c)(14)$58 millionGoshen, IN
13Credit Unions Chartered in the State of Michigan - 58 Honor Credit Union501(c)(14)$49 millionBerrien Springs, MI
14Dow Chemical Employees' Credit Union (DCECU)501(c)(14)$50 millionMidland, MI
15Credit Unions Chartered in the State of Michigan 4 Front Credit Union - 4 Front Credit Union501(c)(14)$34 millionTraverse City, MI
16Telhio Credit Union (TCU)501(c)(14)$49 millionColumbus, OH
17KEMBA Financial Credit Union501(c)(14)$71 millionGahanna, OH
18Southeast Financial Credit Union Adam Toungette501(c)(14)$24 millionFranklin, TN
19American Eagle Financial Credit Union501(c)(14)$79 millionEast Hartford, CT
20Transcend Credit Union501(c)(14)$20 millionLouisville, KY
21DuPont Community Credit Union (DCCU)501(c)(14)$65 millionWaynesboro, VA
22Credit Union of Colorado (CUofCO)501(c)(14)$48 millionDenver, CO
23Vantage West Credit Union501(c)(14)$104 millionTucson, AZ
24Utah Power Credit Union (UPCU)501(c)(14)$22 millionSalt Lake City, UT
25Qualstar Credit Union501(c)(14)$32 millionBellevue, WA